Prime 12-unit investment property in central McAllen, ideally situated at 10th and Fern behind BMW. Each unit offers a 1-bedroom, 1-bath design, complemented by an on-site laundry facility. Tenants enjoy the convenience of being within walking distance to H-E-B, restaurants, and a variety of nearby amenities. With its unbeatable location and consistent rental appeal, this property is an excellent opportunity for investors.
For sale
$1,130,000
1108 Fern Ave, McAllen, TX 78501
1beds
1baths
7,632sqft
Apartment, Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
On-site laundry facility
- 415 days
- 37
- 1
Zillow last checked:
Listing updated:
Listed by:
Jaime Lee Gonzalez 956-599-8400,
Keller Williams Realty Rgv
Source: Greater McAllen AOR,MLS#: 477769
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Laundry: Laundry Area
Features
- Ceiling Fan(s)
- Flooring: Tile
Interior area
- Total structure area: 7,632
- Total interior livable area: 7,632 sqft
Property
Parking
- Parking features: No Garage
Features
- Exterior features: None
- Fencing: Partial,Wood
Lot
- Size: 0.29 Acres
Details
- Additional structures: Outbuilding (None)
- Parcel number: B435000002000800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: Broadlawn Terrace
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $425,775
- Annual tax amount: $12,487
- Date on market: 8/18/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$699/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2025 | Price change | $1,130,000-0.9%$148/sqft |
Source: Greater McAllen AOR #477769 Report a problem | ||
| 8/18/2025 | Listed for sale | $1,140,000-5%$149/sqft |
Source: Greater McAllen AOR #477769 Report a problem | ||
| 2/3/2023 | Listing removed | -- |
Source: Greater McAllen AOR #393972 Report a problem | ||
| 11/28/2022 | Listed for rent | $785 |
Source: Zillow Rental Manager Report a problem | ||
| 11/18/2022 | Listed for sale | $1,200,000+20%$157/sqft |
Source: Greater McAllen AOR #393972 Report a problem | ||
| 9/3/2022 | Listing removed | -- |
Source: Greater McAllen AOR #381633 Report a problem | ||
| 4/22/2022 | Listed for sale | $1,000,000$131/sqft |
Source: Greater McAllen AOR #381633 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,795 -22.8% | $425,775 -20% |
| 2024 | $10,091 +4.6% | $532,471 +4.6% |
| 2023 | $9,647 +10.6% | $508,963 +16.7% |
| 2022 | $8,722 +20% | $436,118 +23.6% |
| 2021 | $7,267 | $352,908 +10.1% |
| 2020 | -- | $320,644 -0.1% |
| 2019 | $6,596 -13.9% | $320,917 -10.1% |
| 2018 | $7,665 | $356,837 +18.3% |
| 2017 | $7,665 +29.1% | $301,706 +29.6% |
| 2016 | $5,937 +53.2% | $232,755 +1% |
| 2015 | $3,874 | $230,379 +52.3% |
| 2014 | $3,874 | $151,261 -4.4% |
| 2013 | -- | $158,254 -6.2% |
| 2012 | -- | $168,746 -4% |
| 2011 | -- | $175,742 -5.6% |
| 2010 | -- | $186,232 -29.4% |
| 2009 | -- | $263,844 -3.2% |
| 2008 | -- | $272,541 +2.9% |
| 2007 | -- | $264,871 +2.7% |
| 2006 | -- | $258,032 -2.5% |
| 2005 | -- | $264,568 -0.3% |
| 2004 | -- | $265,370 +14% |
| 2003 | -- | $232,871 -1.9% |
| 2002 | -- | $237,275 -2.2% |
| 2000 | -- | $242,549 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Broadlawn Terrace
Nearby schools
Schools provided by the listing agent
- Elementary: Milam
- Middle: Morris
- High: McAllen H.S.
- District: McAllen ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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